Abstract: The aim of this paper is to highlight the importance of Indigenous Knowledge (IK) in development. The paper focuses on the role that IK and local cultural values play in the process of development. Currently, knowledge, information, science and technology used in development are produced in developed countries without heed being paid to their impact on the local environment. IK, although often short-shirted, establishes a harmonious relationship between the social system and the environment in any given developing countries. Access to global knowledge is vital for supporting IK as well as for sustaining development.Keywords: Indigenous knowledge; Development; Globalisation; Technology; Environment; Poverty; Capacity building